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359-363 Spadina Avenue, Toronto (Kensington-Chinatown), ON M5T2G3

$9,980,000
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Active
SQUARE FEET15,000 MLS#C12402916
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Rarely offered for Sale 3 building with Mixed-use commercial and residential.Current property has Commercial units at Ground-level retail units with established tenants providing stable monthly rental income and Residential at Upper-level residential apartments offering consistent occupancy and cash flow. Prime Location:Situated in one of Torontos most vibrant corridors, with high pedestrian and vehicular traffic, excellent transit access, and proximity to the citys cultural, shopping, and entertainment hubs. Development opportunity for a 60-unit apartment development of 15 floors allowing the buyer to significantly enhance the properties long-term value and income potential. Close to UoT which is host over 60.000 students makes high value for the property. (id:52350)

359-363 Spadina Avenue | MLS# C12402916

This commercial property located at 359-363 Spadina Avenue, Toronto (Kensington-Chinatown), ON is currently listed for sale with an asking price of $9,980,000.

Property Features

Property Type: Commercial - Retail
Cooling: None
Heating: Forced air, Electric
Lot Size: Bldg=45 x 140 FT
Taxes: $85,571

Feature Descriptions

Board Association: Toronto Regional Real Estate Board
Days on Site: 202
Living Area Size: 15000 square feet
Lot Dimensions: Bldg=45 x 140 FT
Property Sub Type: Retail
Water: Municipal water

Listed By / Shown By

Listed By

Agency Name: RE/MAX ATRIUM HOME REALTY
Agency Phone: 905-513-0808

Shown By

Agency Title: Solid Rock Realty Inc
Agency Phone: 855-484-6042

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